Plan Snapshot
- Plan Sponsor: K&L Gates LLP
- Sponsor EIN: 250921018
- Sponsor Address: 210 SIXTH AVENUE, PITTSBURGH, PA, 152222613
- Plan Type: DC
- Total Participants: 1,306
- Total Assets: $969.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,306 | $969.7M | $8.9M | $20.5M |
| 2023 | 1,382 | $836.3M | $8.2M | $20.1M |
| 2022 | 1,335 | $713.7M | $7.2M | $18.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INV. INST. OPERATIONS | NONE | $157,210 | — | $157,210 |
| FIDUCIENT ADVISORS | NONE | $100,557 | — | $100,557 |
| CIBC ATLANTIC TR PRIVATE W.M. | NONE | $78,952 | — | $78,952 |
| SCHNEIDER DOWNS & CO., INC. | NONE | $22,399 | — | $22,399 |
| CAPFINANCIAL PARTNERS LLC | NONE | $13,780 | — | $13,780 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INV. INST. OPERATIONS — NONE
- SCHNEIDER DOWNS & CO., INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $372,898
- Estimated Expense Ratio: 0.038% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $215,422 | $170,791 | — | $22,399 | — |
| 2023 | $187,729 | $140,904 | — | $24,887 | — |
| 2022 | $206,676 | $206,676 | — | — | — |